SASOL LTD. JSE :SOL

Background of Sasol

The global powerhouse that is Sasol was established in the 1950s, when the original coal-to-liquids complex at Sasolburg in South Africa started producing synthetic fuels and chemicals. The company privatized in 1979 and Sasol shares were listed for sale on the Johannesburg Stock Exchange (JSE).

Today, Sasol is an international chemicals and energy company that employs more than 30 000 people in 36 countries. Sasol has been a pioneer in innovation ever since it was established, and is well known for its technological capacity, world-scale facilities, and high value product portfolio that includes liquid fuels, chemicals and low-carbon electricity. The company is one of South Africa’s largest investors in capital projects, skills development and technological research and development. Sasol is currently a dual-listed stock, as it listed on the New York Stock Exchange in 2003.

Sasol Mining runs six coal mines that supply coal for the Secunda (Sasol Synfuels) and Sasolburg complexes. Coal is also exported from the Twistdraai Export Plant to a variety of international power generation customers. Meanwhile, the Sasol Exploration and Production Inetrnational division develops and manages oil and gas exploration in South Africa, Mozambique, Gabon, Canada and Australia. Sasol has an extensive reach in the United States, with chemical operations located in six states, as well as in Eurasia, with production facilities in Germany, Austria, Slovakia, Italy, the United Kingdom and China.

With a market cap of R311 billion, Sasol is one of the JSE’s Top 10 biggest stocks, and one of the most popular to buy.

Sasol Shares Growth Driver

The group has been expanding its footprint throughout the world by partnering with major international projects. Mega energy projects are currently a work in progress in Mozambique, USA, Qatar and Uzbekistan. Sasol has managed to revamp its business model to two upstream business units, three regional operating hubs, and four customer-facing strategic business units, supported by fit-for-purpose functions, making the business model leaner and more efficient.

A plunge in commodity prices has left Sasol share price vulnerable and exposed to a volatile market, making the shares an unpopular buy of late.

Sasol Group Investor Tip

The live online stocks chart shows that Sasol share price hit a record high of R652.99 in 2014, but this was followed by a dramatic plunge to around R400 a few months later, following the implementation of a new operating model. Since then, the company has been struggling with lower oil costs which have forced it to cut thousands of jobs and close some operations.

Sasol share price growth has therefore been largely stagnant over the past few years. However, a rising in oil prices in 2016 has coincided with an increased willingness to buy the shares. The consensus forecast amongst investment analysts is that the share is currently undervalued and could outperform the market in the near future, meaning that Sasol shares may be a surprisingly good purchase today, especially when coupled with the good dividends generally paid out by the company.

Sasol Major Shareholders

Sector

Consumer Staples

Industry

Consumer Products

Sub industry

Beverages

How to buy Sasol Group Shares

Sasol : How to buy Sasol Group Shares Online

We have made it simple to buy JSE listed firm shares online. The easiest way to buy Sasol Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Sasol Holdings and assist you with the setup and management of your stock portfolio account.

Here are the steps you must follow to Buy / Purchase Sasol Group shares with utmost confidence:

Start by Filling in the BUY THIS SHARE form.

Insert your name, email, telephone number and monthly remuneration.

Then, Indicate the amount you are looking to invest in Sasol.

Click the “ INVEST NOW” button

Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.

Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)

Buy Shares with Confidence

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